Search Results for: Federal Reserve Bank
European stocks hovered below record highs on Wednesday
June 23rd, 2021
European stocks hovered below record highs on Wednesday as inflation worries overshadowed data showing a rise in June business activity, while shares in French luxury good makers tumbled on the back of a ratings downgrade from HSBC. The pan-European ...
Technical analysis and market psychology
June 16th, 2021
This article examines the relevance of technical analysis to today’s financial markets. Its genesis springs from two branches, Dow theory and the Elliott wave principal. Originally, Dow theory sprang from an attempt to discern the state of the ...
Dollar firms in big week for FX markets
June 14th, 2021
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. Federal Reserve meeting that might signal a change in the outlook for U.S. monetary ...
The dollar found support on Thursday. These are the top performers
May 27th, 2021
The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week. In a market heavily short ...
European stocks dipped slightly on Tuesday
April 27th, 2021
European markets are following the trend seen overnight Asia-Pacific, where stocks mostly declined as concerns about the spread of Covid-19 lingered. Elsewhere, U.S. stock futures held steady in early premarket trading on Tuesday as investors braced for another batch ...
London copper set for third straight weekly gain on weaker dollar
April 23rd, 2021
Copper prices were on track for their third straight week of gains on Friday, as a weaker dollar made greenback-priced metals cheaper and more appealing to holders of other currencies. Three-month copper on the London Metal Exchange CMCU3 rose ...
Most emerging Asian currencies were little changed on Thursday
April 15th, 2021
Most emerging Asian currencies were little changed on Thursday as investors digested the Federal Reserve’s continued dovish stance and awaited more key U.S. economic data before making further moves. Indonesian 10-year benchmark yields rise 6.5 basis points to 6.638% ...
The dollar rose on Friday; Riskier currencies lost out
March 12th, 2021
The dollar rose on Friday, recovering its losses from the day before, as a spike in Treasury yields early in the European session triggered a risk-off move in global currency markets, with riskier currencies taking a hit. Market participants ...
Dollar buoyed by U.S. recovery hopes, bitcoin near record $52,640
February 18th, 2021
The dollar held its ground on Thursday after its first back-to-back gains in two weeks as upbeat data bolstered expectations that the U.S. economy would recover from the coronavirus pandemic faster than most of its peers. Bitcoin traded just ...
Economic and monetary outlook for 2021
January 5th, 2021
The most important event in the new year is likely to be the Fed losing control of its iron grip on markets. The dollar’s declining trend is already well established against other currencies and commodities, leading to this outcome. ...
